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Visual Data Corporation (VDAT) Message Board

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  • kdp2561 kdp2561 May 26, 1999 2:13 PM Flag

    Dr. Ess, Fund, Mon, etc.........

    I seem to remember being down through the day a
    number of times and then the afternoon would pull us
    positive. That is a posibility here. But we are not out of
    the woods yet. We need a few strong days to
    re-establish our previous upward trend. We may not get the
    volume we need for that this week, but next week should
    be better. But, I am sure now that we will not have
    a prolonged downward trend. We've tested the 50 day
    EMA twice now on very sharp high volume declines and
    bounced like a rubber ball. I suspect we will gravitate
    up towards the 13 day EMA (which lies at about 32)
    slowly over the next week.